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CNN
Oct 14, 2013 2:00pm EDT
as house minority leader nancy pelosi. also harry reid and minority leader mitch mcconnell. right now, the senate convenes, and these two huge players, mcconnell and reid, are expected to speak. we're watching very closely. we've been reporting this meeting, reid and mcconnell's office, the talking that's taking place, and what these two say could indicate the face of the country, really, at this point in time. fast-moving story. dana bash has been all over it. she's our chief congressional correspondent. i understand reid has been back in mcconnell's office. tell me, is this a good sign heading into this white house meeting in 60 minutes? >> it sure seems like a good sign. i just came to talk to you from standing outside of mcconnell's office which is kind of on the other side of the capitol, we expect both of them to leave there soon to speak publicly on the senate floor. but as reid was walking into mcconnell's office, ted barrett saw he was holding a piece of paper, which is a good sign, and he said we're going over the deal. the question is, are you there yet? he said, not ye
CNN
Oct 14, 2013 1:00pm EDT
at the white house. attention has shifted to harry reid and the minority leader mitch mcconnell. they have just wrapped up a meeting within the past half hour. reid saying they're getting closer and closer to a deal. minutes ago, president obama said there is some progress on the senate side. we should get the videotape of the president. he's been outside of the white house, any minute now, we're going to bring you his comments as soon as they come in. stand by for that. meanwhile, republican senator bob corker of tennessee says the reid-mcconnell talks under way right now are where a deal is most likely to come from. >> i think at the end of the day, the culmination needs to be something between mcconnell and reid. and i think that all of the side talks that have occurred have helped create an environment for that to happen. so you know, i think -- i know mitch and harry are talking and i think we're about to get to a place where you know, again, we can move something hopefully off the senate floor that's widely bipartisan. i think it's going to take that to having something mo
CNN
Oct 16, 2013 9:00am PDT
will call the role. >> mr. alexander. >>> floor of the u.s. senate. you heard harry reid the majority leader saying he wanted to wait for mitch mcconnell to come up. that's presumably when they will make their announcement about this, let's call it a tentative deal that appears to be in the works, a deal that would get the government fully operational at least for a while until january 15th and raise the nation's debt ceiling until february 7th. gloria borg ser here once again, we want to welcome our viewers here in the united states and around the world. gloria, what does it say about these two leaders, the majority leader and the minority leader that apparently they've been able to do what so many other folks couldn't do, especially in the house of representatives, work out a deal? >> well, it says a couple of things. as you know, wolf, they're not close friends. harry reid and mitch mcconnell have effectively campaigned against each other not in their states but raised money for the campaign committees to defeat the other one. mcconnell's in a race now for re-election and harry rei
FOX News
Oct 15, 2013 10:00am PDT
: this comes as senate harry reid and mitch mcconnell are working to reopen the government and extend the debt ceiling and reid doesn't like the house alternative and called it extreme. >> this is so disappointing. on the eve of financial destruction for this great country and that's what it is. to appease a small group of people over there, i am so disappointed. >> reporter: about the senate talks white house spokesman jay carney said they are far from a deal and all eyes are on the house to see if they have the votes to pass the measure. >> thank you, mike. >> we are 15 days in the shutdown now. the house passed 15 mini spending bills and the senate refused to act on them. despite thatment the grand canyon reopened because the state found a way to make it work. dysfunctional government the polls say is what is problem. that sets a record for dysfunction. >> call it a world record. meanwhile right after speaker boehner announced the house plan democrats went off on him. >> the senate was apparently close to a deal. where does this leave us now? senator, good afternoon to you and than
CNN
Oct 12, 2013 11:00am PDT
the other thing we're hearing that's making sinus, as we heard from harry reid, they are rejecting this plan that is sort of spearheaded by susan collins, one of the moderates who actually will break with her party at times to i guess see things more from the perspective of the white house or democrats. she had proposed funding the government for six months, extending the debt limit just until january to give a little breathing room. that was rejected. democrats were called in the white house as well, didn't like some of the provisions. they wanted that debt ceiling to be extended further, but also there was the issue of how to deal with spending cuts, more spending cuts that are due to kick in in the new year. one of the proposals, one of the provisions in her plan was to allow agencies to have more flexibility in how they adjust to across the board spending cuts from what we call the sequester. well, democrats had concerns that perhaps republicans who are very worried about defense cuts would end up supplementing -- substitu substituting, i should say, cuts to perhaps safety net
Al Jazeera America
Oct 13, 2013 12:00pm EDT
failed - with the help of some democrats, harry reid did it. the democrats had a meeting with the president in the oval office to get everyone on the same page. that followed a meeting in the room surrounding the senate chamber, involving harry reid, and mitch mcconnell and other senator republicans. the meeting was good, said harry reid afterwards. there may be movement, we don't know. >> we are four days from the october 17th default deadline, right? >> we really are, yes. >> two weeks into the government shutdown, and there has been polling that has been bad for both parties - clearly worse for the republicans, right? >> yes. >> surely there'll be a point where voters say, "i don't care who is more responsible, who i feel is more responsible. i need someone to fix this." >> there was an n b.c. washington "wall street journal" poll with a 22% difference between who people blame. they blame the republicans more than the president by a margin of 22 points. so that is very, very significant, and worrying for the republicans, who were hoping to get more senators into the senate - re
CNN
Oct 14, 2013 11:00pm EDT
president joe biden and harry reid. >> there is no reason to believe that harry reid will screw this up. when he has the power back in his hands -- >> and he is found in negotiating these things ever. >> i have been saying that biden disappeared and now we find out reid won't let him in the building. >> he cut a bad deal the first two times around. >> andrew was talking about something two weeks ago. i cannot get it out of my mind. i want to thank our panel. that does it for this edition of "ac360 later." shutdown showdown with jake tapper starts right now. >>> tonight, a cnn special. >> very optimistic. >> i share his optimism. >> >> after two weeks of paralysis. >> there's a deal to be had here. >> there's finally movement. but the clock is still running down. >> if we don't start making real progress in the house and the senate we stand a good chance of defaulting. >> will the house rank and file play ball? don't count on it. >> if there are no systemic changes to the debt i would vote no. >> our guest a republican lawmaker from a swing district. >> jeff denham shut down our gover
FOX News
Oct 13, 2013 10:00am PDT
focus shifts to the u.s. senate. the senate majority leader harry reid and mitch mcconnell did sit down in a meeting yesterday to reach some kind of an agreement and they plan to keep talking though we don't know when. this after house negotiations are the white house broke down on friday. >> i am glad negotiations are going on. i am sad that twice they were close to a deal and they moved the goalpostss in light of the data. i am disappointed the president of the united states has not played a more active role in this. >> the last-minute talks come near the deadline of raising the debt ceiling. republicans and democrats alike see the talks on the senate side as a sign of progress. the democratic senator dick derbin says it is a breakthrough. there may be optimism, but harry reid, the senate majority leader said there is a long ways to go and meantime the white house says president obama will get a briefing later on this afternoon on the impact of the shutdown. >> steve centanni in our newsroom. >> my next guest says he is frustrated because senator reid and president obama keep moving t
FOX News
Oct 10, 2013 1:00pm PDT
harry reid, the senate majority leader said, he doesn't expect anything to happen until they get past the government shutdown. he says we're not going to -- it's not going to happen, was his quote specifically. dealing with these two things at once, the government shutdown and the debt creel, -- debt ceiling, it's like the world series and stanley cup tame. at it october and juggling this two things is remarkable. people are looking for an exit ramp and it's not there yet. >> the g.o.p. says we'll give you your debt ceiling, give yaw that increase until mid-to late november. in return for that you have to come to the table and bargain with us over the shutdown, and that may or may not include obamacare. right? >> that's right. and they haven't been specific to the government shutdown. a republican congressman from idaho says this morning, obamacare is still on the table. he said we're willing to give some in terms of 0 a clean raising of the debt ceiling. heritage action, one of the conservative groups which monitors house republicans and senate republicans like a hawk, says it's
Al Jazeera America
Oct 13, 2013 1:00pm EDT
and republicans, after which harry reid, the majority leader said that had gone well. it really is all eyes on the senate. it looks as if there may be something going on between the two leaders in the senate. >> these are tiny things. the 17th is around the corner. the country needs something huge, bigger than this. >> you are right. whatever is going to happen, and something will happen regarding the debt ceiling. that's the bigger of the two issues. that runs out on the 17th, which is thursday. then the united states will not be able to pay its bills. someone will have to do something, and quickly, because it will take a couple of days for everything to work out and for a bill to arrive on the president's death. a lot of people are saying, "where is john boehner?" the speaker of the house, where is he, he hasn't been seen in publicment a lot feel that he's a -- public. a lot people that he's allowing the freshman representatives in his party to run things. a move could come from mitch mcconnell or patty murray, or susan collins, who has a plan on the table, extending the debt cei
Al Jazeera America
Oct 8, 2013 1:00pm EDT
. we are hearing reports that harry reid may have a stand alone debt resolution. >> iitthe bill would need 60 vo. that would get past a filibuster. that means republicans would have to vote for it and all of the democrats and that could be a sticky volt for som vote for e democrats. american people view a vote like this raising the debt limit allowing the government to spend more money. really it's allowing the u.s. treasury to pay the bills that are already in existence. we'll see that bill come to the floor in the senate later on this bike. this -- week. it still has to get through the house. there is a bit of a political maneuver. but what around here is not a political maneuver. >> it would be safe to say if anybody is getting rich these days it's the pollsters. public perception at this time, how are americans reacting to the first full week of the shutdown. >> they are getting frustrated and they are have us as they watch the markets to see how they react. we are seeing new poll numbers that show americans rank congress at a big low. at 11% give them a thumbs up approval rating.
CNN
Oct 13, 2013 1:00pm EDT
. right now the senate is convening behind the scenes. majority leader harry reid and republican leader mitch mcconnell are holding talks to end the shutdown and reach a deal on the debt ceiling just days -- four days before that deadline. let's go right to mark preston on capitol hill. mark, what's happening there? is there any movement? what are you hearing? >> reporter: i have to tell you, miguel, this is a rather rare session of the united states senate gaveling in on a sunday afternoon. we hope now that senator harry reid and senator mitch mcconnell will be able to get together. the ball has been handed to them right now. collapse is the best way to describe what has happened between the talks between house republicans and president obama that happened on friday. right now the ball is in the united states senate court. it's really in the hands of senator harry reid and senator mitch mcconnell. we're four days until the treasury says we will be out of money or be out of enough money to pay all our creditors and we are now heading into the third week of the u.s. government shutdown,
Al Jazeera America
Oct 13, 2013 11:00am EDT
some democrats joined in and voted against the wishes of their party. harry reid did but that's a technicality. he has to do that in order to bring the bill back up again. that bill died. the bigger thing was that susan collins, who is a popular republican senator from the state of main has on the table a proposal that may end all of this. she was surrounded while that vote count was going on by lots of democratic senators. lots of people comentated on it. she was being surrounded, i think, because this document that she has that would extend the debt ceiling limit to january the 31st and require some changes to the aca, otherwise known as obamacare, that's pretty much the only glimmer of hope out there. she was surrounded by these democrats, but then later in the day, harry reid came out of a press conferences and said her idea is off of the table as far as the democrats are concerned. she is not giving up, richelle. she is determined to press on with this. as i say, many people think it's the only glimmer of hope out there at the moment. >> what else do we know, john, about what
CNN
Oct 14, 2013 6:30pm EDT
awaiting some kind of debt limit deal. however, there is zero possibility that senators harry reid and mish mcconnell will achieve anything significant fblgt what we are watching here is something between a meltdown and pathetic. the meltdown would be a default. but what's pathetic is simple. for years, and we were just discussing it on the first segment on a bipartisan basis, this city has failed to deal with the big problems facing america, and the world is noticing. i found it chilling today that china's government-owned news agency is now pointing to our continuing crisis and basically saying, the u.s. fiscal failure warrants a de-americanized world. now, other countries are saying similar things. i think we should take that as a serious warning that in fact we need to get or how in order in order to remain the leading countries in world and we have to stop the self-inflicted wounds. what they are really saying is don't shut down the government over defunding your health care plan. don't threaten default because you're not getting what president. these are things that shouldn't be
FOX News
Oct 13, 2013 12:30pm PDT
sunday session. in the meantime, harry reid and mitch mcconnell met yesterday and reid said the conversation continued today. now senator lindsey graham suggests republicans overreached in trying to defund obama care as part of the fiscal negotiations. >> for us to to the american people that we could defund obama care or delay it for a year by shutting down the government, i think, was unrealistic, but having said that, the president's response was i won't negotiate with you, you will raise the debt ceiling and open up the government without any conditions is just an immature response. >> mcconnell pointed to a pending senate bill that would end the shutdown and raise the debt ceiling. he said, quote, it does all this while maintaining our commitments to reduce spending, cutting obama care tax and improving antifraud provisions in that law. it's time for democratic leaders to take yes for an answer. and a leading democrat says the only hope now apparently lies with the u.s. senate. >> with the president, with senate democrats, with senate republicans, there's a will. we now hav
Al Jazeera America
Oct 8, 2013 11:00am EDT
to president obama and harry reid to take the next step. >> by refusing to negotiate, harry reid and the president are putting our country on a pretty danger path. listen, there has never been a president in our history that did not negotiate over the debt limit. never, not once. matter of fact, president obama negotiated with me over the debt limit in 2011. he also negotiated with the blue dog democrats to raise the debt ceiling in 2010, so the way to resolve this is to sit down and have a conversation to resolve our differences. >> right now there is a poll that shows most voters do not agree with speaker boehner. they do not think the debt limit should be tied to any kind of other issues. this poll was taken by united technologies and the national journal, by moore than half they are saying it should not be tied to the political care act or negotiations over the budget. that they should be done separately. and if it doesn't happen, it will be very serious consequences. democratic leaders held their news conference to respond. >> we have now experienced in the last week of this rep
Al Jazeera America
Oct 8, 2013 12:00pm EDT
government shutdown has also become about the debt ceiling. libby we are hearing reports that harry reid could rollout a stand-alone measure to raise the debt ceiling. what are you hearing about that? >> that's right, dell. watch for that today. a bill like that would still have to ultimately pass the house which as you know would be a heavy lift. a bill like this would require 60 votes to overcome a filibuster. for some democrats who are facing tough reelection bids next year, this could be a dicey vote, which is why it's believed this technique has been avoided so far, a bill that harry reid could put forth would basically call for raising the debt limit, and that's often perceived as allowing the government to just spend more money. but in actually it is really allowing the government to pay the bills that have already racked up. so stay tuned today. >> [ inaudible ] house speaker boehner says he is not drawing a any lines in the sand. what does he mean? >> he is saying look, the problem is not here. take a listen to speaker boehner yourself. >> by refusing to negotiate, harry reid and the
Al Jazeera America
Oct 16, 2013 12:00pm EDT
, that's the one way, the one time when things can move forward quickly. >> we're watching harry reid right now. i know you want to listen to what they have to say, so we'll let you get back to there. >>> as for wall street, it certainly seems to be pleased with the news that is coming out of washington. stocks taking off from the opening bell on the possibility that a deal could be imminent. the dow holding on to its triple digit gains all day long. we turn now to john terrett, and john the numbers in positive territory all morning, does wall street know something that main street doesn't? >> reporter: that's the $64,000 question. asian stocks were up, the london market was ahead, but then it slipped back, but this market from the get-go -- i mean it was immediately ahead by 80 points, and it only went down to about 60 points, and now it is up around 90 as you see. it's a fantastic day. so what is the reason for that? i'm joined by allen valdez, he is one of the floor workers here at the new york stock exchange. why is the market so far ahead when you might otherwise have expected it to be
MSNBC
Oct 8, 2013 2:00am EDT
responsible for. in cruz's words, it's harry reid and president obama forcing the shutdown. it's the democrats who are the extremists unwilling to compromise. and the american people are firmly behind, guess who, cruz despite polls showing huge majorities are not. who is buying cruz's lying at this point? apparently he is. joy reid and sam stein. both are msnbc contributors. let's go now to joy. your thoughts. let's try to step into the shoes and heart and brain of senator cruz. he's a newcomer. he's been in washington just about half a year. he beat the incumbent establish candidate dewhurst down there. he is where he never expected to be if he's normal. but somehow he's floating on air. but how does that overwhelm and trump and in almost every case the observable facts? he caused the shutdown. he advertised for it, achieved in getting it going, and continues to goose any republican or threaten with defeatism or treason any republican who doesn't want to continue the fight. your thoughts, joy? >> the way that cruz gets away with it is he's speaking to a closed room. in that room are
FOX News
Oct 13, 2013 3:00pm PDT
. yesterday senator harry reid rejected the compromise lead by 12 senators half republican, half democrats. it sounds like the other side is demanding, senator corker, that you reopen the government and extend the debt limit with no strings attached. will senate republicans accept that? >> well, again, are they going to try to change existing law which is now where they are, or are they going to agree to leave the budget caps that have been long established as u.s. law, are they going to leave those in place and set a framework that allows us to deal with the big issues our nation faces which is mandatory spending. >> let me quickly explain to folks. what happened was, as part of the budget control act in 2011, sequester levels were set. these were automatic spending cuts. the budget has to -- overall budget has to go down to a certain level. the democrats are now insisting, let's raise the' questions center levels let's relax that. one of the questions that i know some republicans are asking is if obama care was the law of the land and couldn't be tinkered with, why is it the sequester wh
MSNBC
Oct 14, 2013 10:00am PDT
weekend, harry reid and mitch mcconnell met today. reid says he hopes to strike a deal before congressional leaders head to the white house. we'll talk to key leaders mary landry and chuck schumer and ask republican senator bob corker if he stands by this warnings prediction. >> i do hope by the end of the day we'll have an agreement that makes sense for our country. >> good day, everyone. i'm andrea mitchell in washington where key political players are trying to put a wasted weekend behind them. president obama and vice president biden are going to host senate and house leaders from both parties this afternoon. right now the prospects for a deal that can clear both chambers are still slim. tennessee senator bob corker has hope eternal serving on the bank committee calling for both sides to come together. senator, thank you very much. i know you've had a long weekend talking to leaders, international leaders. what is the latest in the form of susan collins or bipartisan group proposal can be resurrected in time to avoid the debt ceiling default. >> andrea as you know, the two
CSPAN
Oct 8, 2013 8:00pm EDT
thing. you let obamacare go. if the president will if harry reid will. if you let it be enforced exactly the way it's written, it wouldn't last a month. but he's had to do so many waivers, so it's not going into law. the supreme court had to rewrite it to uphold it. they already said that the basis for the law, the -- that was given, the interstate commerce clause, was not a basis to take over health care in america so they struck it down on the -- under the law as written and the law as written said there was a penalty, the supreme court said, page 15, it's a penalty and therefore the anti-injunction act does not apply, therefore we do have jurisdiction, now that we have jurisdiction we'll go ahead and decide, it's not constitutional the way it's written as a penalty but we will rewrite it, the five of us in the majority, rewrite the law and we'll call it a tax and then we'll uphold it as a tax even though clearly that's not the way it was written. and it's not what the president promised the american people. so, so much for the democrats wanting obamacare to be followed as it w
FOX
Oct 13, 2013 6:00am PDT
president rejected the house gop plan yesterday, senator harry reid, the senate democratic leader rejected a compromise plan by 12 senators, half republicans half democrats. it sounds like the other side is demanding senator corker that you reopen the government and you extend the debt limit with no strings attached. will senate republicans accept that? >> existing law which is now where they're at. are they going to agree to leave the budget caps that have been long been established as u.s. law, are they going to set a frame work that allows us to deal with the bug issue that our government faces. >> let me quickly explain to folks, because what happened as part of the government control act in 2011, sequester levels were cut and these were automatic spending cuts and the overall budget has to go down to a certain level. the democrats are now insisting let's raise the sequester levels, let's relax that. if obama care was the law of the land and couldn't be tinkered with, why is it the sequester that is the law of the land can be tinkered with. >> to try to change a law that was c
FOX News
Oct 15, 2013 6:00pm PDT
tonight, senate leaders are back negotiating. harry reid and mitch mcconnell, what they're closing on is reopening the government on january 15th, getting the debt ceiling raised through february 7th, and having broader budget talks, they're promising to get that done before the holidays, we've heard it before, they have not followed through. and even if they seal this deal tomorrow they would have to work at lightning speed to get to the thursday deadline when we lose our borrowing authority, megyn. >>> ed henry, thank you, as we learned the house would not pass a deal tonight, the folks over at fitch credit rating sent a warning saying they are reviewing our country's credit rating right now. so it is not a downgrade, but a warning. >> it is important because it is a warning, and fitch is saying that we are concerned that america cannot get a handle, a grip on its debt long-term, conce concerned about volatile political leadership which is not doing its job in organizing finances. and essentially, that leadership, that worry about we just can't get our finances under control. >> is
FOX News
Oct 10, 2013 3:00pm PDT
meeting with senate democrat, harry reid said he will not enter budget talks if only the debt ceiling is taken care of. question is, if boehner does one and the debt ceiling, could the president enter a conversation or something like that, something about reopening the government? bottom line, speaker boehner as well as the republican team left without talking to reporters. sena >> that's pretty significant. usually they go to the microphones. >> right. they want to get momentum. you saw the markets cheering of a potential deal. if boehner had progress he would have come to the microphones and said we're this close. instead he has to go back to fellow republicans and sale where they are now. >> thank you. stocks surged on the prospect of a mini deal or the prospect that anything was moving forward in washington. dow had a monster gray gaining 323, most in three years. nasdaq gained 83. there are questions about what what the president knew and when he knew it regarding the suspension of funds due to the shutdown. jennifer griffin has the latest from the pentagon. >> reporter: after the d
FOX Business
Oct 10, 2013 4:00pm EDT
harry reid stepped out and put it very bluntly, he said, i'm quoting, not going to happen. this is from senator harry reid. he is head of senate democrats. he extremely partisan personality. less likely to compromise. maybe he is just staking out a position. according to reid deal is quote, not going to happen. cheryl: which is a crucial point to bring up, david, because the gop is heading into the white house in 15 minutes to meet. it is john boehner's belief at this point that the president is ready to sit down and extend the debt limit for six weeks. david: these numbers may have a beside them tomorrow. for the moment let's bask in a glory of a moment of 323 points on the dow. let let's head back to lauren simonetti on the floor of the new york stock exchange. lauren. >> we're watching safeway. you can see me even better. lights off, lights on this was up 2.5% in the session. that is what the market did, right? after-hours, reporting earnings profits 30 cents a share versus estimate of 16. revenue coming in 8.62 billion. also beating. safeway decided to exit the chicago market a
FOX News
Oct 12, 2013 4:00pm PDT
democrats including harry reid. also attend by senators schumer, durbin and patty murray of washington state. we got a good read out from a senior democratic aide who says in a statement and i'm quoting, democratic leaders had a productive meeting with president obama and remain fully united moving forward. he said democrats are willing to negotiate on anything republicans want to discuss as soon as we reopen the government and pay our bills. now that statement is republicans will say more of the same from democrats. republicans say that want denies them any negotiating power at all. and the white house meeting follows a day of many failures today. it began on the house side where republicans walked antibiotic way from the caucus meeting late this morning frustrated by yet again they feel is the president's total resistance to negotiations this time over a proposal by paul ryan that would extend the debt ceiling for a few weeks while attempting to jump start some further discussions about the long term drivers of the nation's debt and deficit spending such as medicare and social securi
CBS
Oct 14, 2013 4:30am EDT
meetings, harry reid, mitch mcconnell. all of a sudden it came to a halt. harry reid's ceiling emboldened by the numbers punishing the poll. particularly in our poll. and how the republicans are essentially walking away. we have path one, this negotiation going on in the senate. maybe they come up with an agreement that gets us through january. path two, if that fails, is the house caving in at the last minute and passing just a six six-week extension and we'll do this all again a couple weeks from thanksgiving. >> nbc's tracie potts is live in washington. can lawmakers reach a deal in the next few days, that is the question. >> it is a question. chuck talked about path one, two and three. with the government still in shut join, no one really wants to see that. here's where we are right now, with failed negotiations between house republicans and president obama, over the weekend, the senate took over. s there a small group of senators, six republicans and six democrats trying to hammer something out, as chuck ted, the least on a temporary basis to buy some time to negotiate. bu
FOX Business
Oct 16, 2013 4:00pm EDT
rumblings of downgrading on the floor from senate majority leader harry reid. this is in morning yesterday. >> the debt is hire. the deadline is looming. rating agencies are talking about downgrading us as early as tonight. of. david: that was yesterday morning. how did harry reid know? what is fitch up to? jim nadler, croll bond rating and chief operating officer and john burlow, competitive enterprise institute senior fellow. jim, first to you. how did harry got word of this? >> this is an interesting thing. i'm not sure how he got word of it. david: is it normal for ratings agencies before they do something big like this to share it with members congress? >> it is not normal. i'm not sure how harry reid knew. he could have a some ending link by fitch's posture before -- inkling. fitch, like s&p in the past, using a, this sort of nonsense going on in washington as a factor in downgrading the u.s. i think that they are missing the point. >> okay. we should emphasize, as harry reid did not, john, this was not a downgrade. this was a credit watch. very different from a downgrade.
CNN
Oct 15, 2013 4:00pm PDT
. it was the president's decision and harry reid's decision but i'm about putting an to end obama care some way eventually. >> you tried 42 times and it hasn't worked. >> one more time. >> thanks to representative donna edwards and steven king. >> join us tomorrow for another edition of "crossfire". erin burnett out front starts right now. >> evening. i'm erin burnett. we begin with breaking news. no vote. a house deal on the debt ceiling and the government shutdown has collapsed. republican leadership cannot find the votes to support the latest plan that would reopen the government and raise that debt ceiling. of course we're about 48 hours away from hitting it. the clock is ticking at this moment. this would be the country's first-ever default on the nation's debt if it to were happen i want to go straight to dana bash on capitol hill. what's the latest? there was a deal in the senate and then in the house and that got rejected. another deal. now no vote. how significant? >> reporter: it's hugely significant for some reasons. let's start with the latest, the decision which was m
FOX News
Oct 12, 2013 11:30am PDT
constitution 101. he let me just explain. having the president and harry reid saying over and over no, no, no, no, no, no, no. >> i agree -- >> and he's watching the polls -- >> -- let me jump in -- >> -- and finally willing to talk and now if we can get him to the next stop of actually listening -- >> i apologize. you're saying the president, that he's watching the polls, which is why you feel the president is now coming to the table? >> yes. >> i want to go back to you. you're saying listen, they have to, everybody has a right to say in what's being put on the table. so when you tell your fellow conservative republicans don't cave, what does that mean? and how do you respond to some of your fellow republicans who are saying, like, this infighting, it's hurting the party's brand. >> the party's brand was hurt with t.a.r.p. it was hurt with so many things. but especially 2 1/2 years ago, when we made an offer to cut some of the massive overspending and the president and harry reid said nope, it's our way or the highway. we're hoping for a shutdown. >> but you're not blaping either? le
Al Jazeera America
Oct 12, 2013 1:00pm EDT
seems to have been what happened. harry reid the majority leader also spoke earlier today. he said essentially discussion involving the republicans particularly in the house and the white house is over. it's finished. now it's all eyes on the senate when it comes to raising the debt ceiling. here's what he had to say. >> i was happy to see the republicans engaged in talks with the president. that's over with. it's done. they're not talking any more. we learned that this morning. i say to my friends on the republican side of the senate, time is running out. >> reporter: time is running out, he says. that's harry reid. republicans seemed to concur a little bit with that. they said that they feel that the discussion has finished now with the white house, and it is all eyes on the senate regarding raising the debt ceiling and urge republicans in the senate to stand and be strong on their principles. of course it's not like anyone wants the debt ceiling not to be raised, and cause an economic collapse around the world. but republicans don't want any more government spending, at least in
Al Jazeera America
Oct 16, 2013 7:00pm EDT
everyone ithroughthat going bring much. harry reid, mitch mcconnell who played a key role in brokering deals in the past all of a sudden enter sandman, mitch mcconnell, harry reid working this out. and waiting for members of the house of representatives to go through the motions. there was no question that john boehner was going to be able to come up with something. and when he emerged from a series of closed door meetings with with house republicans, it was clear that the capitulation was complete. after the senate passes this tonight, ali it will will go to the house floor. they're not going to worry about it. they want this off their plate and live to fight another day. >> tell me, mike, if this bill could have passed at any time explain what has changed? what allowed the bill to pass today that couldn't have happened over the last two weeks? >> reporter: it's impossible to explain without eye rolling and hand wringing. what we have here is the state of our politics, the state of a broken house of representatives. there's no question of that. but what john boehner did, it
CBS
Oct 16, 2013 4:30am EDT
senate. majority leader harry reid says they are very close to reopening the government and lifting the debt ceiling. >> i'm confident we'll be able to reach a comprehensive agreement this week in time to overt a catastrophic default on the nation's bills. >> nbc's tracie potts is live in washington with the very latest on all of this. good morning. so just what are you hearing about reports that one major u.s. credit agency could downgrade the nation's credit rating? >> well, apparently those reporting are true that fitch is considering putting the u.s. on a negative watch, it doesn't mean we'll be automatically down graded. and it's not really related to the health of our economy. it's related to this political impasse over how we go forward from here. now, you heard harry reid sounding optimistic about coming up with a solution, but keep in mind harry reid and his democrats in the senate are only half of the solution. where things really fell apart here were in the house of representatives where tea party conservatives simply insist they he are not going along with anything up he
FOX Business
Oct 15, 2013 11:00am EDT
morning senator harry reid went to the floor and said he is still making progress in his negotiations with the public leader mitch mcconnell and he does expect a deal between them sometime this week and senate democrats and senate republicans are having their policy lunches today expected to talk all about this on where they all stand and whether or not they can come to their deal. dagen: peter, thank you for that. we also have matt welch and rob reynolds, chief executive officer, good to see you. we will probably have to break to go to that house speaker every week now. bu do think the market is factoring in that this deal will get done and by this kind of deadline on thursday? sorry, bob. we're going to interrupt, here is house speaker john boehner. >> good morning, everyone. our leader team met with members today trying to find a way forward in a bipartisan way that we continue to provide fairness to the american people under obamacare. there are a lot of opinions about what direction they're going to go. there has been no decisions about what exactly we will do. but w
Al Jazeera America
Oct 12, 2013 12:00pm EDT
back to the house in a minute. we have more on the senate. we have comments from harry reid, the majority leader, saying the negotiations in the house on the issue of raising the debt ceilings, i'm talking about raising the debt ceiling. harry reid said the negotiations on that front are over. he said the republicans were talking to the president, but that has now stopped, and so basically it's all eyes on the senate. it's all down to the senate. the republican caucus in the house seem to acknowledge these comments and they also, according to unnamed sources, you can guess who they are, all the usual candidates, basically there are no negotiations going on and the republicans in the senate should stand firm on their principles. of course, it's not that they want to see the debt ceiling not raised or that there is a potentially economic crisis coming. but they have their principle. they don't want to see more government spending. in the senate there is a vote taking place right now on raising the debt ceiling. they need 60 votes, and here is dick durban, the democrat from illinois
CNN
Oct 14, 2013 9:00am EDT
two leaders, harry reid and mitch mcconnell. they have to work together if it means averting a big crisis. with the clock ticking down to debt ceiling day it's come down senate majoty leader harry reid and minority leader mitch mcconnell, who started orchestrating a deal to reopen the government and avoid default. >> i've had a productive conversation with republican leader this afternoon, our discussions were substantive and we'll continue those discussions. >> reporter: the question is whether they can get there in time. >> both leaders realize how difficult default would be, the devastation it would cause to america. >> reporter: but talks over the weekend appear to stumble again as republicans accused reid of overreaching by seeking additional concessions from republicans over those forced budget cuts in the sequester. >> now is e time to be magnanimous, sit down and get this done. >> reporter: the white house said president obama was standing firm, in a phone call with nancy pelosi, that there must be clean bills to extend the debt ceiling and end the shutdown with no strings
CBS
Oct 12, 2013 6:00pm PDT
raise the debt ceiling could gain bipartisan support, the majority leader harry reid gave this grim assessment. >> i have seen what i have seen in writing, it is not going to go in anyplace at this stage. >> still the collins plan is what both sides are talking about today, though it may not have enough bipartisan support to pass the senate the parties will need some sort of framework to, if they hope to break this stalemate. reid and mcdonnell met for an hour. they have no further talks scheduled today, but said they might talk by phone. this, reid was called to the white house with another talk to the president, putting off any hope of agreement by the end of the day. >> the house is not expected to be in session tomorrow. >> for the senate harry reid says he would like to see a deal in place in the next 48 hours but this latest round of talks with his counterparts, senator mitch mcconnell are in the very early stages. jim. >> axelrod: jeff pegues on capitol hill for us tonight, thank you. let's bring in john harris now, editor in chief of the political web site, john, optimism is
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